Business Description
Founded in 1898 and based in Raleigh, North Carolina, First Citizens BancShares is the parent company of First-Citizens Bank & Trust, offering a broad range of financial services across the United States and beyond. Through its retail and commercial banking operations, it serves everyday customers, businesses, and professionals with products spanning deposits, loans, mortgages, wealth planning, and treasury services. The company also provides specialized financing solutions such as factoring, supply chain funding, and capital markets services. Additionally, it operates a railcar leasing business, maintaining a diverse fleet used to transport goods including grain, chemicals, coal, and lumber for railroads and shippers nationwide.